Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Cousins Properties (CUZ) Share Price
News headlines about Cousins Properties (NYSE:CUZ) have trended somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cousins Properties earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 47.0460662536035 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s scoring:
- Cousins Properties Incorporated (CUZ) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Contrasting Cousins Properties (CUZ) and RAIT Financial Trust (RAS) (americanbankingnews.com)
- Seritage Growth Properties (SRG) vs. Cousins Properties (CUZ) Head to Head Analysis (americanbankingnews.com)
- This firm is scooping up a trio of Cousins Properties’ trophy office towers in downtown Orlando (bizjournals.com)
- Cousins Properties Incorporated (CUZ) Rating Increased to Hold at Zacks Investment Research (americanbankingnews.com)
Cousins Properties (NYSE CUZ) traded up $0.10 during midday trading on Tuesday, reaching $9.07. 4,365,100 shares of the company were exchanged, compared to its average volume of 3,627,952. Cousins Properties has a 1-year low of $7.80 and a 1-year high of $9.59. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market capitalization of $3,767.58, a P/E ratio of 14.24 and a beta of 1.10.
Cousins Properties (NYSE:CUZ) last posted its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). Cousins Properties had a return on equity of 8.39% and a net margin of 48.08%. The company had revenue of $113.20 million for the quarter, compared to analysts’ expectations of $113.51 million. During the same quarter last year, the business posted $0.22 EPS. The business’s quarterly revenue was up 132.4% on a year-over-year basis. research analysts predict that Cousins Properties will post 0.61 earnings per share for the current fiscal year.
Several brokerages have recently commented on CUZ. Stifel Nicolaus upgraded shares of Cousins Properties from a “hold” rating to a “buy” rating and increased their target price for the company from $8.50 to $10.50 in a report on Tuesday, August 1st. Zacks Investment Research upgraded shares of Cousins Properties from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. BidaskClub upgraded shares of Cousins Properties from a “hold” rating to a “buy” rating in a report on Monday, August 14th. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $10.00 target price on shares of Cousins Properties in a report on Monday, October 2nd. Finally, ValuEngine upgraded shares of Cousins Properties from a “hold” rating to a “buy” rating in a report on Tuesday, October 10th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $10.10.
Cousins Properties Company Profile
Cousins Properties Incorporated is a self-administered and self-managed real estate investment trust. The Company’s segments include Office, Mixed-Use, Other, Atlanta, Austin, Charlotte, Orlando, Tampa, Phoenix and Other. It develops, acquires, leases, manages and owns primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina.
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